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2017 Annual Report • Finance Department • St. Anthony Village, Minnesota <br /> <br /> <br /> <br />7 <br /> <br />External <br />The Finance Department is responsible for reporting financial information to numerous outside <br />agencies through the year, including but not limited to: <br /> <br /> <br />Federal State County Other jurisdictions <br />U.S DOL <br />US CHAMBER OF <br />COMMERCE <br />IRS – 1099’S <br />IRS – W-2 & 941’S <br />ACA – 1095’S <br />WORKER’S COMPENSATION <br />BUILDING SURCHARGE REPORT <br />STATE REPORTING FORM <br />SUMMARY BUDGET <br />FIRE RELIEF SC-16 <br />TIF REPORTING <br />DNR WATER REPORT <br />RECYCLING REPORT <br />LEVY CERTIFICATION <br />ASSESSMENT CERTIFICATION <br />DELINQUENT ACCTS <br />CERTIFICATION <br />MET COUNCIL SAC REPORTING <br />MET COUNCIL WASTEWATER <br />PERA EXCLUSION <br />PERA CLASSIFICATIONS <br /> <br /> <br />Community Supportive <br />The Finance Department provides its services to review year end reporting, help coordinate year <br />end audits and to serve intergovernmental committees. During 2017 the entities below were the <br />recipients of these efforts. <br />The Finance Department conducts an annual review of the financial <br />recordkeeping for the St. Anthony Chamber of Commerce. The review <br />covers accounting records, bank transactions, and board of directors <br />reporting. This arrangement allows the Finance Department to offer its skills <br />and experience to assist the volunteers who work to enhance the St. Anthony Community. <br />Since 2012 the Finance Department has prepared various work papers on <br />behalf of the Saint Anthony Fire Relief (SAFR) to assist with the completion of <br />its annual audit. The completed audit resulted in a clean opinion. The Finance <br />Department and SAFR both value this cooperative approach. <br />The City Finance Director participates in discussions regarding budget, benefit levels and <br />investment strategies with Relief Association Board members. This provides the Relief Association <br />additional support to make informed decisions on managing pension assets. The SAFR pension <br />plan was 111.9% funded, based on the State’s actuary method and 138.4% based on the 12/31/2017 <br />audit using an outside actuarial report. The SAFR benefit level did not change during 2017. <br /> <br />Area Chamber <br />of Commerce